Reserve Bank Grade 'A'/'B' Officer's Examination : Introduction

Banking has become one of the most challenging sectors in the country.
It is a well-paid, secure and satisfying career prospect. Openings are
available in banks at various levels, from Bank Clerical to Probationary
Officers (PO). Often it is perceived as a career option for commerce/economics
students, but in reality, a majority of bank officers are from different
streams of education. Bright graduates from any subject can get entry
in the Public Sector Banks through an All India Examination conducted
by them. The exam is a stepping-stone for a career in the Banking Industry.

The Indian banking can be broadly categorized into Nationalized (government
owned), Private banks and Specialized banking institutions.The Reserve
Bank of India www.rbi.org.in acts a centralized monitoringbody in the
Indian financial sector.

The Reserve Bank of India was established on April 1, 1935, as the Central
Bank of the country, in accordance with the provisions of the Reserve
Bank of India Act, 1934 with its Central Office at Mumbai. RBI is governed
by the Central Board, which is appointed/nominated by the Government of
India for a period of four years and there are four Local Boards one each
for the four regions of the country in Mumbai, Calcutta, Chennai and New
Delhi. The function of Central Board is to look after general superintendence
and direction of the Bank's affairs, and the Local Boards is to advise
the Central Board on local matters and to represent territorial and economic
interests of local cooperative and indigenous banks.

The Recruitment to Reserve Bank Officers 'Grade 'A'/'B'
exam is conducted by Reserve Bank of India Service Board, Mumbai.